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Home2024

Year: 2024

ENB Pub Note

White House supports seizure of Russian assets – Bloomberg

January 11, 2024 Stu Turley

ENB Pub Note: This is a huge mistake for the Biden administration. The weaponization of the US dollar has accelerated its demise from being the world’s currency standard. This action will only accelerate the demise.  […]

Electric Vehicles

Virginia districts roll on with electric school buses despite lack of state funding

January 11, 2024 Stu Turley

​A lack of state money isn’t curbing Virginia school districts’ enthusiasm for ridding their fleets of polluting, noisy diesel-powered buses. Through December, Virginia ranked fourth nationwide in the number of electric school buses either on […]

Electric Vehicles

Biden Gives California More Money for a Failing Bullet Train

January 11, 2024 Stu Turley

President Biden gifted California another $3.1 billion in taxpayer money from the Infrastructure bill to pay for its High-Speed Rail project–a project that is vastly over budget and way behind schedule. The train’s cost was […]

Agriculture

Daily Energy Standup Episode #284 – Russia Expands BRICs, LNG Approvals Warning, and Germany’s Economic Collapse

January 11, 2024 Andy Del Prado

Daily Standup Top Stories Houthis fire their greatest barrage of weapons to date in the ongoing Red Sea shipping crisis January 10, 2024 Mariel Alumit The Houthis launched their largest attack so far yesterday evening. According […]

Price
Finance

Are Hopes of Lower Mortgage Rates Freezing Up the Market Further? Buyers’ Strike Continues

January 10, 2024 Stu Turley

Mortgage rates dropped a lot, but not nearly enough to hit the magic level that thaws out the housing market. Now they rose again. By Wolf Richter for WOLF STREET. Hype in the media about real estate going […]

Oil
Exports

Oil, Gas Lobby Group Warns Against US Slowing Down LNG Approvals

January 10, 2024 Mariel Alumit

By Laura Sanicola and Valerie Volcovici WASHINGTON (Reuters) -The head of the main U.S. oil and gas lobby group on Wednesday said that if U.S. regulators slow down or stop approving liquefied natural gas exports, […]

Energy
Agriculture

Energy Absurdity in Germany: Cutting Emissions Through Economic Collapse

January 10, 2024 Mariel Alumit

In a tweet, Bjorn Lomborg points out that Germans are now consuming less electricity per capita than they did in 1978. Take a look: This is the surest sign of economic collapse, and it is […]

California leads the United States
EIA News

EIA expects relatively flat crude oil prices in 2024 and 2025

January 10, 2024 Stu Turley

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2024 We forecast average annual crude oil prices in 2024 and 2025 will remain near their 2023 average because we expect that global supply and […]

ship
Crude Oil News

Houthis fire their greatest barrage of weapons to date in the ongoing Red Sea shipping crisis

January 10, 2024 Mariel Alumit

The Houthis launched their largest attack so far yesterday evening. According to the US military the “complex attack” consisted of 18 attack drones, two anti-ship cruise missiles, and one anti-ship ballistic missile. They were all […]

BRICS
BRICS

Russia announces 30 new member countries for BRICS

January 10, 2024 Mariel Alumit

The geopolitical landscape is witnessing a seismic shift as Russia declares that 30 additional countries are poised to join the BRICS alliance, potentially expanding its membership to a formidable 40 nations. This move, championed by Russia’s President […]

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